Aflac annual operating expenses
2019
2020
2021
2022
2023
2024
2025
Aflac Operating Expenses Growth & History (AFL)
Aflac's operating expenses was $5.34B for fiscal 2025.
View full Aflac company overviewAflac annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $5.34B | $278.0M | +5.49% |
| 2024 | 2024-12-31 | $5.06B | −$168.0M | −3.21% |
| 2023 | 2023-12-31 | $5.23B | −$156.0M | −2.90% |
| 2022 | 2022-12-31 | $5.38B | −$486.0M | −8.28% |
| 2021 | 2021-12-31 | $5.87B | −$322.0M | −5.20% |
| 2020 | 2020-12-31 | $6.19B | $272.0M | +4.59% |
| 2019 | 2019-12-31 | $5.92B | — | — |
Aflac quarterly operating expenses
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.27B | −$58.0M | −4.37% |
| Q1 2026 | 2026-03-31 | $1.29B | −$19.0M | −1.45% |
| Q4 2025 | 2025-12-31 | $1.39B | $48.0M | +3.57% |
| Q3 2025 | 2025-09-30 | $1.31B | $48.0M | +3.80% |
| Q2 2025 | 2025-06-30 | $1.33B | $130.0M | +10.85% |
| Q1 2025 | 2025-03-31 | $1.31B | $52.0M | +4.14% |
| Q4 2024 | 2024-12-31 | $1.34B | −$42.0M | −3.03% |
| Q3 2024 | 2024-09-30 | $1.26B | −$23.0M | −1.79% |
| Q2 2024 | 2024-06-30 | $1.20B | −$51.0M | −4.08% |
| Q1 2024 | 2024-03-31 | $1.26B | −$52.0M | −3.98% |
| Q4 2023 | 2023-12-31 | $1.39B | $30.0M | +2.21% |
| Q3 2023 | 2023-09-30 | $1.28B | −$14.0M | −1.08% |
| Q2 2023 | 2023-06-30 | $1.25B | −$84.0M | −6.30% |
| Q1 2023 | 2023-03-31 | $1.31B | −$88.0M | −6.30% |
| Q4 2022 | 2022-12-31 | $1.36B | $70.0M | +5.44% |
| Q3 2022 | 2022-09-30 | $1.30B | −$216.0M | −14.26% |
| Q2 2022 | 2022-06-30 | $1.33B | −$205.0M | −13.33% |
| Q1 2022 | 2022-03-31 | $1.40B | −$135.0M | −8.82% |
| Q4 2021 | 2021-12-31 | $1.29B | — | — |
| Q3 2021 | 2021-09-30 | $1.51B | — | — |
| Q2 2021 | 2021-06-30 | $1.54B | — | — |
| Q1 2021 | 2021-03-31 | $1.53B | — | — |
Aflac operating expenses trends
Over the last five fiscal years, Aflac's operating expenses decreased from $6.19B to $5.34B, a change of −$854.0M. The latest reported quarter, Q2 2026, shows $1.27B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Aflac source filings ↗